Stock trading can be a high-stakes game. On some days, you could have the benefit of pleasing and positive numbers. On other days you may experience the opposite and it could be very difficult to get back to where you were your peak. If you are constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you to improve your performance in the market. In this review, we’ll be taking the time to look at Profit.ly, a well-recognized all-in-one social platform for trading!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Tim Sykes Weekend Profit
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative responsible, transparent, and encouraging each other through its broad array of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for people who are starting out and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus and newsletter writers and students as well as) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. Tim Sykes Weekend Profit
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You may set up an account for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to prove value to a large group of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the idea of sharing your brokerage account, then you could opt to post your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile as well as other ways to interact with your experts via chatrooms in addition to email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in penny stock trading. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an avenue for small businesses to transition to a large marketplace as it allows them to access money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell through his many years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profit through his lengthy career as trader. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have earned substantial amounts of money from their combined years of knowledge. Tim Sykes Weekend Profit
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is a great option for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Weekend Profit
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package lets you to take advantage of a majority of features from the novice plan. This plan allows that you are able to create an account that is private to share with other associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their skills in trading. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to see other traders’ statistics, which could be a disadvantage for those who are eager to try this new tier. Tim Sykes Weekend Profit
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 each month and a 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of other services they provide. One of them is the online store, where customers can pick from a range of instructional videos that are designed to inform and guide you through the ins and outs of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and scenes from the Annual Pennystocking Conference, and other products by expert traders.
The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the chat room as you can see it across social and messaging platforms and also on a few specialty websites that provide live chat support. However, in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members. One might be laid back and less active, while another may be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they may go. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that should not be viewed as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as proficient in handling trading matters but the experts already know how it works and the risky mix that it carries. It is ideal to utilize Profit.ly’s variety of features to their best advantage to develop their trading abilities. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Tim Sykes Weekend Profit
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, it is best to keep curiosity. Tim Sykes Weekend Profit
What we are referring to”yes” is it can be a great learning tool. People who are stuck may discover Profit.ly’s array of resources to be helpful as they do their best to reduce losses and be more successful than before. It’s not just the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly care about being more successful in trading and would like to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Weekend Profit
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the “My Trade section of the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is shown by the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.